date:Jul 05, 2012
es.
Klingele and VPK said the venture could be up and running by the second half of next year.
VPK is a group of 33 companies spread across 12 European countries. It has annual sales reaching 700m and a workforce of 3,000 employees. Klingele, a German family owned company, owns one paper mill, six integrated corrugated plants and seven converting plants in Europe and Africa. It post annual sales of 340m and employs 1,250 people.
The current combined production of the companies amounts to 600